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Lawmakers drafting the final version of the financial-revamp bill have resolved some difficult issues, including increasing scrutiny of the Federal Reserve's decisions. However, lawmakers have yet to tackle the most controversial, divisive issues. Democrats said they want to conclude the conference this week and send the final bill to the president by July 4. That leaves only a few days to resolve issues, such as the "Volcker rule" and a measure that would force banks to spin off derivatives operations.

Related Summaries

Lawmakers drafting the final version of the financial-overhaul bill appear set to ease some proposals as they strive to secure support. Compromises being discussed could limit the legislation's financial hit on banks, Wall Street firms and other companies. For example, the "Volcker rule" is expected to be watered down from its original version.

U.S. lawmakers drafting the final version of the financial-overhaul bill appear set to ease some proposals as they strive to secure support. Compromises being discussed could limit the legislation's financial hit on banks, Wall Street firms and other companies. For example, the "Volcker rule" is expected to be watered down from its original version.

Lawmakers drafting the final version of the financial-overhaul bill appear set to ease some proposals as they strive to secure support. Compromises being discussed could limit the legislation's financial hit on banks, Wall Street firms and other companies. For example, the "Volcker rule" is expected to be watered down from its original version.

Lawmakers drafting the final version of the financial-revamp bill have resolved some difficult issues, including increasing scrutiny of the Federal Reserve's decisions. However, lawmakers have yet to tackle the most controversial, divisive issues. Democrats said they want to conclude the conference this week and send the final bill to the president by July 4. That leaves only a few days to resolve issues, such as the "Volcker rule" and a measure that would force banks to spin off derivatives operations.

Lawmakers drafting the final version of the financial-revamp bill have resolved some difficult issues, such as housing a consumer-protection bureau within the Federal Reserve while increasing scrutiny of the Fed. However, lawmakers have yet to tackle the most controversial, divisive issues. Democrats said they want to conclude the conference this week and send the final bill to the president by July 4. That leaves only a few days to resolve issues such as the "Volcker rule," a measure that would force banks to spin off derivatives operations and details on the reach of the consumer-protection bureau.